Streaming service reveals 2019 budget for more than 50 projects as it battles new rivalsNetflix has revealed it will be spending $500m (£400m) making more than 50 TV shows and films in the UK this year, as the streaming company prepares to dig deeper into its pockets to fight new rivals including Disney and Apple.

It is the first time Netflix has detailed its spend on making and licensing British-made shows – which include The Crown, Black Mirror and Sex Education.